L&T secures orders worth Rs.2,080 cr in February, March

L&T’s building and factories division has bagged new orders worth Rs.1,385 crore for the construction of residential towers in cities in North India, the company said in a statement on Thursday. Photo: Abhijit Bhatlekar/Mint

Updated: Thu, Mar 21 2013. 02 13 PM IST

Mumbai: Engineering and construction company Larsen and Toubro Ltd (L&T) on Thursday said it had secured new orders valued at Rs.2,080 crore across various business segments in February and March.

In February, the company had said it secured orders worth Rs.1,504 crore across business segments in that month

This means the company managed to secure additional orders of only up to Rs.576 crore in March, 61.7% down from February.

The building and factories division has bagged new orders worth Rs1,385 crore for the construction of residential towers in cities in North India, the company said in a statement on Thursday.

The power transmission and distribution business division has won new orders aggregating to Rs.585 crore from various customers, it said.

It also received a new order from Transmission Corp. of Andhra Pradesh Ltd for 220 KV underground cable laying between Malkaram and Ghanapur sub-staion to Moulali substation in Andhra Pradesh.

The company did not disclose the value of this order.

“Additional orders worth Rs.110 crore have been bagged from various ongoing jobs in the water and solar and infrastructure business,” the company said in the statement.